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Author: goodjoan One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75610  
Subject: Borrow from Roth IRA? Date: 8/15/1999 1:26 AM
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I know this question just came up, but I didn't see the answer and now I can't find the post :-/

A simple scenario- I put $2000 into my Roth IRA in January but in July have a need for some of that money and take out $1500. Is it possibly to repay that $1500 back before the end of the year and still fall under the $2000 contribution/year rule? Or would that be considered overpayment? I know I have the right to withdraw any of my own contributions, but once it's out, does it have to stay out?

Goodjoan
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